Martingale is a well-known money management system used in gambling. I used to talk about it before in one of my money management articles. This time I will confess to you my experiences of using the martingale system.
Posts Tagged ‘Money Management System’
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The 2% – 6% Money Management Rules
Posted by Taro on August 4th, 2009
The greater staying power of traders the greater chance to win. Traders have to stay in markets long enough to win trades. Money management plays an important role in helping traders to survive in markets. No one win every trades; money management help traders to reduce losses on losing trades. Moreover it also maximizes traders’ [...]
3 Basic Money Management Strategies
Posted by Taro on July 23rd, 2009
Psychology, Trading Tactics and Money Management are the 3 essential skills for successful trading. These skills can be learned but most traders tend to overlook the Money Management skills in trading. A good way to start learning the skills to manage money is getting to know the 3 basic strategies of Money Management.
